The Argyros School of Business and Economics hosts the 3rd Annual Chapman Conference on Money and Finance, titled Financial Market Development in Emerging Asia: Impact on Corporate Performance, Capital Flows, and Politics, on Friday, May 4 at Chapman University.
A number of countries in South and East Asia are developing rapidly but financial markets in most of these countries remain underdeveloped or even repressed. Liberalization and regulatory reform can be expected at different speeds with potential opportunities for domestic and foreign investors. What will be the impact of this process on corporate structure and performance, political processes, financial flows and on financial markets in the developed countries? These issues will be addressed at the conference by academics and representatives of the financial business community
This event is free and open to the public.
RSVP to Rita Desjardins at firstname.lastname@example.org
Beckman Hall 404 - 8:30 a.m. - 1:00 p.m.
Beckman Hall 104 - 1:00 p.m. - 5:00 p.m.
8:30 a.m. - Light breakfast fare
8:50 a.m. - Welcome: Dean Thomas A. Turk, Ph.D.
Introduction of Keynote Speakers: Clas Wihlborg, Chapman University
9:00 a.m. - Keynote address 1:
S. Ghon Rhee, University of Hawaii,
9:35 a.m. - Keynote address 2:
Shubhashis Gangopadhyay, India Development Foundation,
10:10 a.m. - Coffee Break
10:30 a.m. - Panel Discussion on:
- What model for financial market development in Emerging Asia: Anglo-Saxon, China, India, or even the European Union?
- An American perspective on financial market development in emerging Asia.
*Introductory Remarks from: James Barth, Auburn University; Herald Benink, Tilburg University; Robert Dekle, University of Southern California; Lars Oxelheim, Lund University
12:00 p.m. - Lunch
1:00 p.m. - Beckman Hall # 104 -Paper presentations by:
Chairman: Thomas D. Willett, Claremont Graduate University
1:15 p.m. - Brief presentations of papers in parallel Poster Session
1:30 p.m. - David G. Dickinson, University of Birmingham, UK, "Has the Split Share Reform Influenced Corporate Behavior?Chinese Firms' Fixed Capital Investment 2002-2016." Discussant: Reuven Glick, Federal Reserve Bank of San Francisco.
2:15 p.m. - Trong Ngo, University of Economics, HCMC, Vietnam, "Bank Efficiency in Vietnam: Do Scale Expansion Strategies and Non-performing Loans Matter?" Discussant: Richard Burdekin, Claremont McKenna College.
3:00 p.m. - Coffee Break
3:30 p.m. - Xiao Cen, Columbia University, "Going Mobile, Investor Behavior, and Financial Fragility." Discussant: Robert Dekle, University of Southern California
4:15 p.m. - Sarah Lynne Daway-Ducanes, University of the Philippines, "Financial Market Development as a Source of Manufacturing Growth." Discussant: Richard Sweeney, Georgetown University.
5:00 p.m. - End
2018 Conference Presentations
- "The Development of Regional Bond Markets in Asia." | S. Ghon Rhee, University of Hawaii
- "India's New Bankruptcy Code: A Model For Emerging Markets?" | Shubhashis Gangopadhyay, India Development Foundation
- What model for financial market development in Emerging Asia: Anglo-Saxon, China, India, or even the European Union? | James Barth, Auburn University
- Financial Development in East Asia | Robert Dekle, University of Southern California
- Bank Efficiency in Vietnam: Do Scale Expansion Strategies and Non-performing Loans Matter?" | Trong Ngo, University of Economics
- "Going Mobile, Investor Behavior, and Financial Fragility." | Robert Dekle, University of Southern California
- "Financial Market Development as a Source of Manufacturing Growth." | Sarah Lynne Daway-Ducanes, University of the Philippines
- Comments on "Financial Market Development as a Source of Manufacturing Growth." | Richard Sweeney, Georgetown University
- "The Long-run Determinants of Indian Government Bond Yields." | Tanweer Akram and Anupam Das, Thrivent Financial, Minneapolis and Mount Royal University, Calgary
- "Religiosity, Neglected Risk and Asset Returns: Theory and Evidence from Islamic Finance Industry." | Saad Azmat, Haiqa, A.S.M. Sohel Azad and M. Kabir Hassan, Lahore University, Deakin University, Victoria, Australia and University of New Orleans
- "Corporate Diversification, Sales Growth and Capital Market Development: Cross-country Evidence." | Taek Ho Kwon, Sung C. Bae, and Soon Hong Park, Chungnam National Universation, Daejon, Korea and Bowling Green State University, Bowling Green
2017 Conference Presentations
- Keynote Address | Thomas M. Hoenig, Vice Chairman of FDIC
- "Cross-Border Spillovers from Mutual Fund Activity" | Luis Brandao-Marques, IMF (with Marco Espinosa-Vega, IMF and OFR)
- "The Shifting Drivers of Global Liquidity" | Linda Goldberg, NY Fed
- "Bondholder Reorganization of Systemically Important Financial Institutions" | Steve Gjerstad, Chapman University
- "Stock Votality and the Great Depression" | Marc Weidenmier, Claremont McKenna (with Gustavo S. Cortes, U. of Illinois)
- "Sources of Systemic Risk: Preliminary Table Setting" | Edward Kane, Boston College
- "Sources of Systemic Risk" | James Barth, Auburn University
- "Sources of Systemic Risk" | Phillippe Jorion, PAAMCO and UCI
- Watch the 2017 Keynote Address Video
2017 Conference Papers
- "Every Cloud Has a Silver Lining: Fast Trading, Microwave Connectivity and Trading Costs." | Konstantin Sokolov, Rochester Institute of Technology
- "A Theory of Endogenous Asset Sales, Bank Runs and Contagion." | Kebin Ma, Warwick Business School
- "Risk-insensitive Regulation." | Alexander Bleck, University of British Columbia
- "Did the Basel Process of Capital Regulation Enhance the Resiliency of European Banks?" | Thomas Gehrig, University of Vienna